Home Page ContentPress Releases GS Group has successfully implemented the investment project of creating One TV, Cambodia’s DTT-operator

GS Group has successfully implemented the investment project of creating One TV, Cambodia’s DTT-operator

by david.nunes

GS Group has successfully implemented the investment project of creating One TV, Cambodia’s DTT-operator

On March 24, 2016, the GS Group international investment and industry holding company announced the sale of the controlling stake of One TV, Cambodia´s first pay-DTT project, thus, successfully completing the project’s investment cycle. The holding company’s partner, The Royal Group of Companies (Kingdom of Cambodia) successfully purchased the majority stake in the operator.

One TV, the first national operator of pay-DTT television of Cambodia, was launched in 2012. The project became one of the first successful examples worldwide of implementing the program of TV digitalization on the basis of in-house technologies, competencies and funds of privately held companies – GS Group and The Royal Group of Companies. The program itself is being carried out under the guidance of the International Telecommunication Union (ITU) across the globe. Thus, One TV was the specific case of business addressing the national-level challenges in the area of digital television.

“The GS Group first international DTT project One TV is an example of implementing the Pay TV project based on the national digital terrestrial broadcasting and addressing the national-level issues by privately held company. We are satisfied with the first successful experience of investing in such projects overseas, as a result the holding company has developed the necessary highly rated business competencies in TV broadcasting project management. Our short-term plans include focusing our financial and other resources on launching priority projects in other markets. GS Group is interested in Pay TV markets where there is a significant demand for high quality TV broadcasting at an affordable price, such as Bangladesh, Pakistan and a number of other countries”, Sergey Dolgopolsky, PR, GR and IR director, Foreign Broadcasting Projects Department, GS Group.

Additional information

GS Group is an international investment and industry holding company operating in the telecommunication and other innovation markets and actively developing its own technologies.

Key activities are: TV broadcasting projects implementation and management across the globe, microelectronics development and production, electronics development and full cycle production, software products design and integration, nanomaterial R&D and production, investment in venture projects, innovation cluster Technopolis GS development, deep wood processing, media content production and management, full-service advertisement.

One TV is Cambodia’s first nationwide digital terrestrial (DVB-T) broadcasting operator, which was launched in 2012 by the GS Group holding company with a local partner. It took less than a year to prepare the infrastructure to start broadcasting; this is record-breaking time for a project with such technical complexity. Broadcasting is available in the 11 most populated Cambodian provinces, reaching 70 per cent of the country’s residents. One TV offers 80 digital channels catering to various interests and markets. Packages include local, international and Russian channels. The in-house customer service is operating for the One TV subscribers.

 

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